Share of service in total exports in Marshall Islands
Marshall Islands: Share of service in total exports was 101.35 million BoP, current US$ in 2024. ◆ Volatile
Share of service in total exports in Marshall Islands, 2005–2024
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
Marshall Islands recorded 101.35 million BoP, current US$ for share of service in total exports in 2024.
That represents a change of up 24.8% on the previous year and up 33.6% over ten years.
Over the whole period, share of service in total exports in Marshall Islands peaked at 120.57 million BoP, current US$ in 2021 and was at its lowest, 17.90 million BoP, current US$, in 2006.
Marshall Islands ranks 180th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Marshall Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 23.46 million BoP, current US$ | — |
| 2006 | 17.90 million BoP, current US$ | -23.7% |
| 2007 | 18.33 million BoP, current US$ | +2.4% |
| 2008 | 20.23 million BoP, current US$ | +10.4% |
| 2009 | 20.79 million BoP, current US$ | +2.7% |
| 2010 | 45.57 million BoP, current US$ | +119.2% |
| 2011 | 66.48 million BoP, current US$ | +45.9% |
| 2012 | 106.79 million BoP, current US$ | +60.6% |
| 2013 | 101.75 million BoP, current US$ | -4.7% |
| 2014 | 75.83 million BoP, current US$ | -25.5% |
| 2015 | 38.65 million BoP, current US$ | -49.0% |
| 2016 | 37.65 million BoP, current US$ | -2.6% |
| 2017 | 69.39 million BoP, current US$ | +84.3% |
| 2018 | 86.00 million BoP, current US$ | +23.9% |
| 2019 | 84.12 million BoP, current US$ | -2.2% |
| 2020 | 79.82 million BoP, current US$ | -5.1% |
| 2021 | 120.57 million BoP, current US$ | +51.1% |
| 2022 | 88.97 million BoP, current US$ | -26.2% |
| 2023 | 81.24 million BoP, current US$ | -8.7% |
| 2024 | 101.35 million BoP, current US$ | +24.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.14 million BoP, current US$ | 17.90 million BoP, current US$ | 23.46 million BoP, current US$ | 5 |
| 2010s | 71.22 million BoP, current US$ | 37.65 million BoP, current US$ | 106.79 million BoP, current US$ | 10 |
| 2020s | 94.39 million BoP, current US$ | 79.82 million BoP, current US$ | 120.57 million BoP, current US$ | 5 |
Countries ranked near Marshall Islands
- 177 Saint Lucia 143.94 million BoP, current US$ compare
- 178 Chad 135.30 million BoP, current US$
- 179 Timor-Leste 126.36 million BoP, current US$ compare
- 181 Antigua and Barbuda 96.00 million BoP, current US$ compare
- 182 Micronesia (country) 88.09 million BoP, current US$ compare
- 183 Vanuatu 73.61 million BoP, current US$ compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- Exports of goods and services 36.0% (2025)
Frequently asked questions
- What is share of service in total exports in Marshall Islands?
- Share of service in total exports in Marshall Islands was 101.35 million BoP, current US$ in 2024, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in Marshall Islands?
- The highest recorded value was 120.57 million BoP, current US$ in 2021.
- What is the lowest share of service in total exports recorded in Marshall Islands?
- The lowest recorded value was 17.90 million BoP, current US$ in 2006.
- How does Marshall Islands rank for share of service in total exports?
- Marshall Islands ranks 180th out of 198 countries with data for 2024.
- Is share of service in total exports rising or falling in Marshall Islands?
- Over the last ten years it is up 33.6%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
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About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.